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Lloyds and Halifax to close 250 bank branches by end 2027

Summarised from 4 outlets · Updated 8 Nov, 09:55 · Archive

Lloyds Banking Group will close 250 Lloyds and Halifax branches by the end of 2027 as customers shift to online banking.

Lloyds Banking Group has announced that 250 Lloyds and Halifax branches will close in 2026 and 2027. The closures form part of a multi-year plan to reduce the banks' physical footprint across the UK as more customers shift to online and mobile banking.

The group has already shut more than 20 Lloyds branches in October and 31 earlier in the year. A further 14 Lloyds branches are scheduled to close in 2027, and Halifax branches are also affected, with 14 closures already completed or scheduled before the end of this year. Halifax will continue closing branches until the end of 2027.

The closures reflect changing customer habits and long-term shifts in the banking sector as digital services become increasingly prevalent.

Lloyds and Halifax to close 250 bank branches by end 2027
Image: Gazette & Herald

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In this story: Lloyds Banking Group · Lloyds · Halifax · United Kingdom

This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem · Corrections log